Peyush Bansal-led Lenskart has acquired a further 1.80% of Dimension NXG Non-public Restricted, the dad or mum of prolonged actuality startup AjnaLens, for Rs 7.99 crore, taking its holding to 9.01% on a totally diluted foundation.

The transaction was accomplished on 13 September and disclosed in a regulatory submitting.

It’s the third time Lenskart has elevated its stake within the firm this 12 months. The corporate stated the funding strengthens its affiliation with the prolonged actuality, AI and sensible wearable know-how ecosystem, and helps technology-led alternatives in sensible eyewear.

Lenskart made its first funding in AjnaLens in July 2025, for round Rs 21 crore, to work on AI-powered sensible glasses. By the point Lenskart went public it held 5.05% of Dimension NXG. It then acquired a further 0.68% on 26 February this 12 months, an extra 1.69% on 4 July, and 1.80% on 13 September for Rs 7.99 crore, which took the full to 9.01%.

The three tranches accomplished in 2026 collectively signify 4.17% of the corporate for an mixture Rs 18.5 crore.

What the numbers say about AjnaLens

Dimension NXG reported turnover of about Rs 15.97 crore in FY24, Rs 12.8 crore in FY25 and Rs 10.4 crore in FY26. That could be a decline of roughly 19% in the latest 12 months, and about 35% over two years.

AjnaLens was based in 2014 by Pankaj Raut, Abhijit Patil and Abhishek Tomar, and builds {hardware} and software program utilizing prolonged actuality. Its clients are in defence and enterprise moderately than shopper markets, the place gross sales cycles are lengthy, order sizes lumpy, and income in any single 12 months says much less in regards to the enterprise than it will for a shopper firm.

Why an eyewear retailer is shopping for XR know-how

Sensible glasses have gotten an actual product class, and the businesses constructing them preserve operating into the identical downside. Most individuals who put on glasses want prescription lenses, and becoming prescription lenses right into a body filled with shows, cameras, batteries and audio is genuinely troublesome.

Know-how corporations have the computing. What they lack is lens-making, body engineering, optical becoming and a community of shops the place a buyer can have their eyes examined and the product fitted.

Lenskart has the optical and retail infrastructure, whereas AjnaLens brings deeper experience in XR and spatial computing. The funding buys Lenskart a place within the know-how with out buying the corporate outright or constructing a analysis division from scratch.

The AjnaLens stake sits inside a broader effort. Lenskart has launched Phonic, a line of audio glasses, and has stated it’s engaged on AI-powered sensible glasses. It has partnered with Qualcomm for the know-how stack underpinning these glasses.

The corporate is in a robust place to fund this.

Based in 2010, Lenskart operates throughout India, the UAE, Singapore and Japan, and had 3,459 shops as of 30 June 2026. Within the first quarter of FY27 it reported web revenue of Rs 228.4 crore, up 273% year-on-year.